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Markets

07.02.2025 PIBER GROUP  Italian packaging group acquires rival firm / Move to increase product range

07.02.2025 MILACRON  Hillenbrand sells majority stake in mechanical engineering company to Bain Capital / Net losses, weak order intake

07.02.2025 LOGISTICS  MSC and Maersk go separate ways; Hapag-Lloyd and Maersk form alliance / Freight rates continue to drop

07.02.2025 PLASTIC PACKAGING GERMANY  Packaging consumption decreases significantly – GVM report

07.02.2025 MARICELL  Investor group acquires Italian manufacturer of rigid PVC foams

06.02.2025 BEWI  EPS specialist to sell majority stake in feedstocks division to Unipol owner

06.02.2025 UK  Bank of England cuts interest rates / Officials slash growth outlook / UK in ‘stagflation'?

06.02.2025 REHAU  German plastics processor sells large parts of automotive activities / Merger with competitor SRG Global

06.02.2025 DOW CHEMICAL  Chemicals group plans to eliminate 1,500 jobs worldwide / Billion-dollar cost-cutting programme launched

06.02.2025 KB COMPONENTS  Swedish plastics processor expands / Acquisitions in Scandinavia, India, Baltic states / New deputy CEO

05.02.2025 EXXONMOBIL  MoU worth USD 15 bn for new petchem complex, CCS facility in Indonesia / New ethane plant in Texas on the table / Full-year net income down slightly on impairment

05.02.2025 UBE  Competition from China pushes PA specialist to shut PA 6 base polymer plants in Asia / Production in Spain to continue

04.02.2025 CARBIOS  French recycling company to undergo restructuring / 40% cut in workforce

04.02.2025 SIAM CEMENT  Thai group shuts down Long Son Petrochemicals in Vietnam; production too expensive / Ethane supply agreement with US group

04.02.2025 PENTAC POLYMER  German compounder takes over waste manager Proform / Plant opens in Mexico

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